Rising rents pushes 100,000 more into flatshares

Road_Hog

It certainly does make a difference the earlier you were born. Whilst there are always fluctuations in house prices, the general trend is up. My father bought his first house around 1950, it cost the equivalent to a year's wages. Anyone think that they can buy an average house on an average year's wages these days?

There are various reasons and changes since then for this to happen. First feminism and the push to get women out to work. With two wages, there was double the money chasing the housing market. So now you need a double income to buy a home, not so good if you're a single person.

Land, less and less of it and it keeps going up in price. Agricultural land prices used to be fairly static during the '90s, but since then have risen sharply, more than doubling in the period 2005 - 2010.

Also the opening up of the domestic labour market to Eastern Europeans has had a deflationary effect on wages for the lower to middle paid. I'm glad I'm well on my way in the housing market, I'd hate to be a first time buyer now.

pinkteapot

Percy1983 wrote: »

This really stood out to me, me and my other half are both non welfare dependant and can't afford to have children as we can't afford a house to put them in..

Meanwhile many chavs will have a good few children by now and some may even me grandparents.

Can you really not afford to have children, or do you mean you don't want to have children in rented accommodation?

ukcarper

Road_Hog wrote: »

It certainly does make a difference the earlier you were born. Whilst there are always fluctuations in house prices, the general trend is up. My father bought his first house around 1950, it cost the equivalent to a year's wages. Anyone think that they can buy an average house on an average year's wages these days?

There are various reasons and changes since then for this to happen. First feminism and the push to get women out to work. With two wages, there was double the money chasing the housing market. So now you need a double income to buy a home, not so good if you're a single person.

Land, less and less of it and it keeps going up in price. Agricultural land prices used to be fairly static during the '90s, but since then have risen sharply, more than doubling in the period 2005 - 2010.

Also the opening up of the domestic labour market to Eastern Europeans has had a deflationary on wages for the lower to middle paid. I'm glad I'm well on my way in the housing market, I'd hate to be a first time buyer now.

The last boom was bigger than the 80s boom but in relation to earnings prices in the 90s were less than they were for most of the 80s. The average house price in 1952 which is the earliest Nationwide goes back to was £1891 which is a lot more than the average salary at the time.

But as you say things have change and the pressure on prices is higher and good job opportunities for a lot of people have reduced.

Percy1983

pinkteapot wrote: »

Can you really not afford to have children, or do you mean you don't want to have children in rented accommodation?

Very true, I mean I am not having children when I can't call a place home and when I could be moved evey 2 months without any control over the situation I am not having them, then i can't afford a house right now so there for can't afford to have children.

Yes many in country don't take responsibility for there own children, but I intend to.

LydiaJ

I agree that there are some people who don't take responsibility for their children, but I don't think having children in rented accommodation is the same as not taking responsibility for them or not providing for them.

Children don't care whether the house they live in is owned or rented, and they cope with moving house very adaptably, especially if they don't move very far and can continue belonging to the same things. We moved 3 times in my daughter's first couple of years - once when late-nearly-ex lost his job and therefore the tied house that went with it, once when he got a promotion in his new career, so we could afford to move nearer the area I wanted to be, and once when our LLs gave us notice. When we'd been in the new place about six months, DD (then aged two and a half) asked when we were going to move, and was quite disappointed when I said we weren't planning to move any time soon. :rotfl:

IveSeenTheLight

Percy1983 wrote: »

Very true, I mean I am not having children when I can't call a place home and when I could be moved evey 2 months without any control over the situation I am not having them, then i can't afford a house right now so there for can't afford to have children.

Yes many in country don't take responsibility for there own children, but I intend to.

Under regulation, the AST ensures that you cannot simply be moved every 2 months.

Indeed, as I understand it, the law is weighted on the tenants side if eviction proceedings are required i.e. you cannot submit a section 21 form until there has been two consecutive months of non rent payments.

I'm just glad I've had the fortune of vetting for and having good tenants that have not required eviction proceedings.

All my tenants have left on their request.

I have one property that turns over every year or two.
I have another property that's had the same tenants for over 4 1/2 years.

Percy1983

LydiaJ wrote: »

I agree that there are some people who don't take responsibility for their children, but I don't think having children in rented accommodation is the same as not taking responsibility for them or not providing for them.

By all means I agree, personally I do not class renting as stable enough for young children.

The taking responsibility part is more aimed at the army of professional breeder chavs we have having one after another for a bigger house and bigger fags and cider fund.

Percy1983

IveSeenTheLight wrote: »

Under regulation, the AST ensures that you cannot simply be moved every 2 months.

Indeed, as I understand it, the law is weighted on the tenants side if eviction proceedings are required i.e. you cannot submit a section 21 form until there has been two consecutive months of non rent payments.

I'm just glad I've had the fortune of vetting for and having good tenants that have not required eviction proceedings.

All my tenants have left on their request.

I have one property that turns over every year or two.
I have another property that's had the same tenants for over 4 1/2 years.

By all means I know I wouldn't get moved every 2 months but on the flip side it would be soul destroying to get everything perfect and then the landlords brother wants the house.

ukcarper

What percentage of tenants are actually thrown out by landlords, the landlords I know are in it for the long term and would not evict a good tenant.

Percy1983

In simple terms.

I buy = I am in control.

I rent = I am at the landlords mercy.

Yes the landlord may not abuse that position, but they could up my rent as they see I am settled or kick me out without much notice.